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Portfolio (Quarterly) Guide ↗

Pembroke Management, LTD

· CIK 0001063497
13F Portfolio $968M AUM 92 positions Filed Feb 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 92 New
Page 3 of 5  ·  92 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 CWST CASELLA WASTE SYS INC Industrials 50,755.0 $5.0M 0.51% NEW $97.94 -11.9%
42 IEFA ISHARES TR 54,471.0 $4.9M 0.50% NEW $89.46 +6.4%
43 MAIN MAIN STR CAP CORP Financial Services 64,529.0 $3.9M 0.40% NEW $60.39 -16.1%
44 IEMG ISHARES INC 56,439.0 $3.8M 0.39% NEW $67.22 +18.3%
45 EUSA ISHARES INC 23,623.0 $2.4M 0.25% NEW $103.37 +4.7%
46 RY ROYAL BK CDA Financial Services 13,266.0 $2.3M 0.23% NEW $170.49 +5.5%
47 CAE CAE INC Industrials 61,864.0 $1.9M 0.19% NEW $30.42 -16.2%
48 SHOP SHOPIFY INC Technology 10,937.0 $1.8M 0.18% NEW $160.97 -39.5%
49 WCN WASTE CONNECTIONS INC Industrials 6,625.0 $1.6M 0.17% NEW $240.72 -35.6%
50 PMTS CPI CARD GROUP INC Financial Services 99,567.0 $1.5M 0.15% NEW $14.68 +9.9%
51 NVDA NVIDIA CORPORATION Technology 7,170.0 $1.3M 0.14% NEW $186.50 +26.4%
52 GIB CGI INC Technology 14,220.0 $1.3M 0.14% NEW $92.30 -32.5%
53 CXDO CREXENDO INC Communication Services 195,371.0 $1.3M 0.13% NEW $6.47 +48.7%
54 AMZN AMAZON COM INC Consumer Cyclical 4,789.0 $1.1M 0.11% NEW $230.82 +14.4%
55 AAPL APPLE INC Technology 4,058.0 $1.1M 0.11% NEW $271.86 +10.4%
56 FSV FIRSTSERVICE CORP NEW Real Estate 6,541.0 $1.0M 0.10% NEW $155.53 -16.5%
57 MSFT MICROSOFT CORP Technology 2,047.0 $990K 0.10% NEW $483.62 -15.3%
58 BN BROOKFIELD CORP Financial Services 21,336.0 $979K 0.10% NEW $45.89 -0.8%
59 GOOGL ALPHABET INC Communication Services 3,081.0 $964K 0.10% NEW $313.00 +28.1%
60 OTEX OPEN TEXT CORP Technology 19,733.0 $882K 0.09% NEW $44.70 -49.9%
Page 3 of 5  ·  92 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Industrials 33.1%
Technology 30.4%
Financial Services 11.4%
Consumer Cyclical 11.0%
Healthcare 7.0%
Communication Services 2.7%
Consumer Defensive 2.4%
Basic Materials 1.7%
Real Estate 0.3%